While there were no actual spots on the Fountain Valley home (wink) that I showed to my clients a bank foreclosure home at 18486 Tamarind. The home looked like it had some real potential with cosmetic repairs.
- What does “real potential” mean? It means, the home needed some work to turn from a fixer with new carpet to a cool looking fun home to live in.
Fountain Valley Real Estate Details
The home has 4 bedrooms, 2.5 bathrooms even though the listing said 4 bathrooms…The listing also mentioned that the home does not have a pool. Guess what? It does have a pool and it needs cleaning by a professional pool company.
As you enter the front door, on the left side is the dinning room and a large kitchen with a separate laundry room off the kitchen…and even a 1/2 bath there too. My clients thought it need some updating. The family room has a fireplace and opens out to the backyard patio and pool area. All of the bedrooms are located on the right side of the home.
It is listed for $599,900 and there are two comparable properties in escrow with an accepted offers in the neighborhood in much better condition at $624,00 and $659,000. This Fountain Valley bank foreclosure needs a lot of work so the listed price should be flexible.
- Tip: always check out the home in person and investigate it with your buyer broker real estate agent that you have hired to represent you.
- Remember: In California, after your purchase offer gets accepted, you have time, usually within 17 days, depending on your contract, to investigate a property with home inspectors and other professionals. If you find something that you don’t like, you can ask the seller to fix it or cancel the transaction and go shopping with your same happy real estate professional to find a place to works best for you. Always consult a Realtor® when buying or selling property.
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